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New classical macroeconomics, sometimes simply called new classical economics, is a school of thought in macroeconomics that builds its analysis entirely on a neoclassical framework. Specifically, it emphasizes the importance of rigorous foundations based on microeconomics, especially rational expectations.New classical macroeconomics strives to provide neoclassical microeconomic foundations for macroeconomic analysis.

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  • New classical macroeconomics, sometimes simply called new classical economics, is a school of thought in macroeconomics that builds its analysis entirely on a neoclassical framework. Specifically, it emphasizes the importance of rigorous foundations based on microeconomics, especially rational expectations.New classical macroeconomics strives to provide neoclassical microeconomic foundations for macroeconomic analysis.
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